Quote from: ishirut009 on December 11, 2018, 12:39:28 AM

for me btc will not be the king,. btc is completely obsolete. id rather look for altcoins that has good economy usecases such as supply chain, protocols, etc. . We all know that google replaces yahoo and facebook replaces friendster.
Thats a very good clue. If it's not eth, then it's rather, EOS, CARDANO or Vechain. But personally i dont have cardano and eos, i don't want to over diversified. I hold vechain and eth and i will sell my position to the next UPM. DYOR

Sure, there are examples like Google overtaking Yahoo, but there are also examples like Netscape morphing into Firefox and still being relevant years later.

The problem with that line of thought though, is that you miss the nuance that Bitcoin is much, much, more than just a company.

Specifically, Bitcoin is the first of an entirely new type of asset class, defined by its breakthrough concept: The third evolution of accounting.

First, people wrote things down. I have X and you have Y. Civilizations were born on that most basic premise. Then, the second evolution: two people write things down. We both say that I have X and you have Y. Talk about an explosion in human achievement in finance, and through finance all of civilization, from the 11th century onwards that this discovery facilitated! Now you have a three person accounting system where not only do we both write down that I have X and you have Y, but every person on the Blockchain together verifies that truth. Now there is no question of whether I have X and you have Y. Nobody can challenge that, as it is written in stone. The scope of human achievement this unlocks over the next millennia are unfathomable, but it all starts with Bitcoin.

BTC Vivat Rex Bitcoin! BTC